The Department of Defense recently released its 2023 Small Business Strategy to streamline efforts to make it easier for small businesses to work with the Pentagon. This is a response to a 40% decline over the last decade in small businesses participating in defense contracts. The strategy has three overall goals. They include improving management practices as many small businesses need help understanding how to get involved in the contract process. The second part focuses on creating a small business ecosystem that aligns with national security priorities. The final part of the initiative aims to improve the connection between small businesses and the Pentagon, including through cybersecurity training and other resources. 

Source: TheHill.com

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